COLUMBUS, Ind. — Christopher LaMothe, retiring CEO of Elevate Ventures, once heard a story about a man who was recognized for his success and entrepreneurship within a community. This man said that when he came to the town, all of his worldly possessions were folded up into a sack. After the speech, a young boy asked just what was in that bag.
The answer? $250,000 in bearer bonds and $100,000 in cash.
“Success never happens by itself,” said LaMothe. “It takes a group of people. It takes a concerted effort. And that is the story of Elevate Ventures. … We don’t do anything by ourselves.”
LaMothe was the keynote speaker at a luncheon held at The Commons Tuesday as part of the Columbus Area Chamber of Commerce’s Innovation Week. He spoke about the importance of entrepreneurship and what Columbus can do to continue to advance its region.
“I’m very passionate about innovation and entrepreneurship,” said LaMothe. “I absolutely believe it’s the holy grail. It doesn’t mean that there isn’t a deep passion around large business, large employers that we need in our communities as strong anchors. But I do believe that the future of communities, interpersonal interaction, depends on innovation and entrepreneurship.”
He also presented information about the role of Elevate Ventures in promoting these values and helping startups throughout the state.
For the complete story, see Wednesday’s Republic.